Growth Metrics

Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026)

Fuelcell Energy recorded quarterly Debt Ratio of 0.02 in Q1 2026, up 6.98% quarter-over-quarter from 0.02 in Q4 2025, and down 2.26% year-over-year from 0.02 in Q1 2025.

Fuelcell Energy's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.02 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 2.26% year-over-year to 0.02; the TTM figure through Jan 2026 stood at 0.02 (down 2.26% YoY), while the FY2025 annual figure was 0.02, up 0.8% from the prior year.
  • Debt Ratio came in at 0.02 for Q1 2026 at Fuelcell Energy, up from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.02 in Q3 2025 to a low of 0.01 in Q3 2023.
  • A 5-year average of 0.01 and a median of 0.01 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio slumped 56.95% in 2022 and soared 68.44% in 2025, its largest moves.
  • Fuelcell Energy's Debt Ratio stood at 0.01 in 2022, then retreated by 24.98% to 0.01 in 2023, then soared by 60.09% to 0.02 in 2024, then gained by 0.8% to 0.02 in 2025, then increased by 6.98% to 0.02 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.02, and 0.02 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.22
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.22
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.31
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.22
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.15
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.28
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.03
10 Fuelcell Energy 1.21 Bn 903.11 Mn -5.86 Mn 0.02

Historic Data

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DateValue
Jan 31, 2026 0.02
Oct 31, 2025 0.02
Jul 31, 2025 0.02
Apr 30, 2025 0.02
Jan 31, 2025 0.02
Oct 31, 2024 0.02
Jul 31, 2024 0.01
Apr 30, 2024 0.01
Jan 31, 2024 0.01
Oct 31, 2023 0.01
Jul 31, 2023 0.01
Apr 30, 2023 0.02
Jan 31, 2023 0.01
Oct 31, 2022 0.01
Jul 31, 2022 0.01
Apr 30, 2022 0.01
Jan 31, 2022 0.01
Oct 31, 2021 0.01
Jul 31, 2021 0.01
Apr 30, 2021 0.02
Jan 31, 2021 0.03
Oct 31, 2020 0.04
Oct 31, 2019 0.07
Jul 31, 2019 0.12
Apr 30, 2019 0.16
Jan 31, 2019 0.11
Oct 31, 2018 0.05
Jul 31, 2018 0.04
Apr 30, 2018 0.03
Jan 31, 2018 0.06
Oct 31, 2017 0.07
Jul 31, 2017 0.07
Apr 30, 2017 0.05
Jan 31, 2017 0.03
Oct 31, 2016 0.01
Jul 31, 2016 0.04
Apr 30, 2016 0.04
Jan 31, 2016 0.01
Oct 31, 2015 0.03
Jul 31, 2015 0.02
Apr 30, 2015 0.02
Jan 31, 2015 0.01
Oct 31, 2014 0.01
Jul 31, 2014 0.01
Apr 30, 2014 0.01
Jan 31, 2014 0.03
Oct 31, 2013 0.03
Jul 31, 2013 0.02
Apr 30, 2013 0.02
Jan 31, 2013 0.02
Oct 31, 2012 0.03
Jul 31, 2012 0.05
Apr 30, 2012 0.04
Jan 31, 2012 0.05
Oct 31, 2011 0.05
Jul 31, 2011 0.05
Oct 31, 2010 0.03